Creative Economy and Sustainable Development in Developing Economies: Comparative Evaluation of China and United Arab Emirates

Abstract

Sustainable development paradigms need to change along with the economy of the world's most industrialized nations. It has broad applicability because it seeks to resolve problems in the economy and environment, as well as between present and future requirements. We focus on the unique needs of developing creative sectors and economies, which present specific challenges for sustainable growth. This study aims to explore the link between nations' attainment of the Sustainable Development Goals and the expansion of their creative economy. It analyzes sustainability and creativity indices using actual data, along with case studies of China and the United Arab Emirates. According to the analysis, China is leading the world in the growth of its creative economy and creativity metrics. The statistics of China and the United Arab Emirates indicate a level of parity between the two nations in terms of sustainability. The results demonstrate that while China is at the forefront of developing a creative economy, both countries achieve similar levels of sustainability through different approaches. These findings have policy implications.